Local brief
A $4.08 million plan to keep Fourth Avenue land forested forever
The proposal would buy about 15.7 acres from the Conservation Fund using Atlanta’s Tree Trust Fund. The spending cap also covers closing and site work.
Current coverage updates this story. Fourth Avenue’s $4.08M forest plan calls for free public use →
Atlanta would use up to $4.08 million from its Tree Trust Fund to acquire about 15.7 acres on Fourth Avenue NW and designate the land as forested in perpetuity under a proposal before a City Council committee.[1]
The proposed seller is the Conservation Fund. The permanent forest designation would serve the stated purpose of protecting, maintaining and regenerating trees and other forest resources.[1]
The $4,080,929.62 ceiling is not simply the land price. It would also cover due diligence, closing costs, signage, demolition, site security and stabilization, fencing, and other site-development costs. The agenda does not break out the purchase price from those expenses.[1]
The Community Development/Human Services Committee’s November 10 agenda lists Ordinance 26-O-1642 for first reading. It describes a proposed authorization, not an approved or completed purchase.[1]
Sources
1 official source cited in this report. The bracketed numbers in the text link here.
Reporting history
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Fourth Avenue’s $4.08M forest plan calls for free public use
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